Bloomberg

Federal Reserve’s Dot Plot to Provide Insight into Decision to Cut Rates

Investors are eagerly awaiting the Federal Reserve's update on interest rates, set to be released on Wednesday. While Chair Jerome…

9 months ago

Credit Weekly: Bank Asset Sale Boosts Bond Market

Banks are turning to the booming sector of the bond market to dump assets in response to the latest round…

9 months ago

Federal Reserve expected to limit rate-cutting plans due to persistent high inflation

Economists are divided over how many interest-rate cuts Federal Reserve officials will signal for 2024 at their policy meeting next…

9 months ago

Gold prices fall below $2,300 due to job market uncertainty and China’s buying slowdown

Gold prices took a sharp nosedive below $2,300 an ounce, marking the steepest decline in nearly three years. The unexpected…

9 months ago

GameStop’s stock drops after announcing share sale, while Gill returns to YouTube

GameStop Corp. stock took a nosedive on Friday following the much-anticipated return of Keith Gill to YouTube. The video-game retailer…

9 months ago

Bloomberg teams up with Lore-Rodriguez group to acquire Timberwolves amid dispute

MINNEAPOLIS — In a surprising turn of events, billionaire media mogul Michael Bloomberg has joined forces with Marc Lore and…

9 months ago

Dell’s Stock Declines as AI Server Sales Disappoint Investors

Dell Technologies Inc. experienced a significant drop in its stock price, falling about 18% in extended trading after its latest…

10 months ago

Nvidia’s AI chip sales to Middle East restricted by US, reports Bloomberg News

US is reining in AI chip sales to the Middle East by Nvidia, according to a report by Bloomberg News.…

10 months ago

Wall Street Split on Impact of ‘Double-Edged Sword’ Data: Market Summary

Stocks on Wall Street took a hit as traders reacted to the latest economic data indicating a slowdown in momentum.…

10 months ago

American Airlines Fires Commercial Head Following Critical Bain Report

American Airlines Group Inc. CEO Robert Isom has made a bold move by dismissing the carrier's commercial chief, Vasu Raja,…

10 months ago

Markets Wrap: Treasuries Decline Following Disappointing $44 Billion Sale

The recent slide in bonds has sent shockwaves through the stock market, with concerns rising about the impact of swelling…

10 months ago

Oil prices stabilize as geopolitical tensions increase ahead of OPEC+ meeting

Oil prices steadied on Tuesday after two days of gains, despite escalating tensions in the Middle East following the death…

10 months ago

Stocks climb while the dollar weakens before inflation data release: Market summary

Asian stocks inched higher on Tuesday as the dollar slipped ahead of a swath of inflation prints that are expected…

10 months ago

German Business Prospects Brighten as Economic Growth Gains Pace

Germany’s business outlook is on the rise, with confidence growing that the country’s economic rebound will gain strength in the…

10 months ago

Asian Stock Market Rises as Investor Confidence Improves: Market Summary

Asian stocks rallied on Monday, following gains in US markets, as easing US consumer inflation expectations raised hopes for a…

10 months ago